Jiayin Group Inc. - Understand $jfin stock

$JFIN Market Cap: $341.5 Million

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Financial Snapshot

Revenue

$5.467B

TTM

Gross Margin

64.57%

TTM

Net Earnings

$1.298B

TTM

Current Assets

$5.387B

Q4 2023

Current Liabilities

$1.443B

Q4 2023

Current Ratio

373.22%

Q4 2023

Total Assets

$795.0M

Q4 2023

Total Liabilities

$459.8M

Q4 2023

Book Value

$335.3M

Q4 2023

Cash

$52.14M

Q4 2023

P/E

0.2632

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$5.467B	$3.271B	$1.780B	$1.300B	$2.230B	$2.882B	$2.251B	$591.1M
YoY Change	67.11%	83.74%	36.94%	-41.7%	-22.61%	28.03%	280.8%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$5.467B	$3.271B	$1.780B	$1.300B	$2.230B	$2.882B	$2.251B	$591.1M
Cost Of Revenue	$2.012B	$565.2M	$335.9M	$239.2M	$425.6M	$401.7M	$229.4M	$143.2M
Gross Profit	$3.455B	$2.706B	$1.445B	$1.061B	$1.805B	$2.480B	$2.022B	$447.9M
Gross Profit Margin	63.2%	82.72%	81.13%	81.6%	80.92%	86.06%	89.81%	75.77%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin	$1.754B	$1.275B	$824.4M	$530.0M	$836.3M	$877.0M	$980.5M	$522.7M
YoY Change	37.51%	54.7%	55.55%	-36.63%	-4.64%	-10.56%	87.58%
% of Gross Profit	50.76%	47.13%	57.07%	49.95%	46.34%	35.36%	48.5%	116.7%
Research & Development	$296.3M	$216.7M	$143.7M	$151.6M	$201.4M	$184.3M	$181.0M	$88.70M
YoY Change	36.74%	50.76%	-5.19%	-24.73%	9.28%	1.82%	104.06%
% of Gross Profit	8.58%	8.01%	9.95%	14.29%	11.16%	7.43%	8.95%	19.8%
Depreciation & Amortization	$9.461M	$7.668M	$15.67M	$23.20M	$17.70M	$11.30M	$4.100M	$1.100M
YoY Change	23.38%	-51.08%	-32.44%	31.07%	56.64%	175.61%	272.73%
% of Gross Profit	0.27%	0.28%	1.09%	2.19%	0.98%	0.46%	0.2%	0.25%
Operating Expenses	$2.123B	$1.524B	$1.013B	$758.9M	$1.270B	$1.795B	$1.335B	$960.7M
YoY Change	39.28%	50.52%	33.43%	-40.24%	-29.25%	34.48%	38.94%
Operating Profit	$1.332B	$1.182B	$432.0M	$302.1M	$534.7M	$685.3M	$686.7M	-$512.8M
YoY Change	12.73%	173.64%	42.98%	-43.5%	-21.98%	-0.2%	-233.91%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	$12.90M	$281.0K	-$1.117M	$7.700M	$5.700M	$200.0K	$1.900M	$1.500M
YoY Change	4488.97%	-125.16%	-114.51%	35.09%	2750.0%	-89.47%	26.67%
% of Operating Profit	0.97%	0.02%	-0.26%	2.55%	1.07%	0.03%	0.28%
Other Income/Expense, Net	$14.83M	$43.45M	$16.95M	$6.700M	$23.40M	$20.30M	$12.60M	$3.300M
YoY Change	-65.86%	156.29%	153.01%	-71.37%	15.27%	61.11%	281.82%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	$1.547B	$1.328B	$585.8M	$366.4M	$563.8M	$705.7M	$701.2M	-$508.0M
YoY Change	16.53%	126.63%	59.89%	-35.01%	-20.11%	0.64%	-238.03%
Income Tax	$247.6M	$155.4M	$125.7M	$108.8M	$37.00M	$93.90M	$161.6M	-$118.3M
% Of Pretax Income	16.0%	11.7%	21.46%	29.69%	6.56%	13.31%	23.05%
Net Earnings	$1.298B	$1.180B	$472.1M	$252.9M	$527.7M	$611.8M	$539.5M	-$389.8M
YoY Change	10.0%	149.88%	86.67%	-52.08%	-13.75%	13.4%	-238.4%
Net Earnings / Revenue	23.74%	36.06%	26.51%	19.45%	23.66%	21.23%	23.97%	-65.94%
Basic Earnings Per Share	$6.06	$5.48	$2.18	$1.17
Diluted Earnings Per Share	$6.06	$5.48	$2.185M	$1.170M	$2.508M	$2.859M	$2.521M	-$1.821M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$370.2M	$291.0M	$182.6M	$117.3M	$122.1M	$41.40M	$606.1M	$199.0M
YoY Change	27.21%	59.42%	55.63%	-3.93%	194.93%	-93.17%	204.57%
Cash & Equivalents	$370.2M	$291.0M	$182.6M	$117.3M	$122.1M	$41.40M	$606.1M	$199.0M
Short-Term Investments
Other Short-Term Assets	$1.922B	$472.8M	$62.26M	$61.30M	$91.00M	$88.20M	$118.3M	$115.5M
YoY Change	306.39%	659.51%	1.56%	-32.64%	3.17%	-25.44%	2.42%
Inventory
Prepaid Expenses
Receivables	$2.104B	$1.732B	$502.4M	$158.1M	$139.2M	$336.8M	$270.3M
Other Receivables	$992.1M	$310.1M	$37.02M	$500.0K	$130.7M	$0.00	$517.7M
Total Short-Term Assets	$5.387B	$2.806B	$784.3M	$337.2M	$483.0M	$466.4M	$1.512B	$960.2M
YoY Change	91.99%	257.81%	132.58%	-30.19%	3.56%	-69.16%	57.51%
Property, Plant & Equipment	$89.99M	$46.50M	$44.61M	$26.40M	$76.30M	$29.00M	$23.90M	$5.400M
YoY Change	93.51%	4.25%	68.97%	-65.4%	163.1%	21.34%	342.59%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$101.5M	$92.26M	$90.53M	$87.60M	$73.40M
YoY Change	10.0%	1.91%	3.34%	19.35%
Other Assets	$63.61M	$72.80M	$50.47M	$42.90M	$68.30M	$97.50M	$193.6M	$501.9M
YoY Change	-12.63%	44.24%	17.65%	-37.19%	-29.95%	-49.64%	-61.43%
Total Long-Term Assets	$257.3M	$214.7M	$187.2M	$188.2M	$218.1M	$335.5M	$1.018B	$1.066B
YoY Change	19.86%	14.71%	-0.54%	-13.71%	-34.99%	-67.05%	-4.47%
Total Assets	$5.645B	$3.021B	$971.4M	$525.4M	$701.1M	$801.9M	$2.531B	$2.026B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$863.4M	$681.2M	$210.1M	$134.4M	$242.4M	$311.6M	$248.7M	$107.6M
YoY Change	26.75%	224.2%	56.33%	-44.55%	-22.21%	25.29%	131.13%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.443B	$1.315B	$623.7M	$422.6M	$422.7M	$818.3M	$587.6M	$255.8M
YoY Change	9.81%	110.78%	47.58%	-0.02%	-48.34%	39.26%	129.71%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$1.821B	$464.8M	$322.0M	$566.5M	$1.020B	$1.636B	$3.875B	$4.331B
YoY Change	291.73%	44.34%	-43.15%	-44.46%	-37.64%	-57.79%	-10.53%
Total Long-Term Liabilities	$1.821B	$464.8M	$322.0M	$566.5M	$1.020B	$1.636B	$3.875B	$4.331B
YoY Change	291.73%	44.34%	-43.15%	-44.46%	-37.64%	-57.79%	-10.53%
Total Liabilities	$3.263B	$1.778B	$943.6M	$987.0M	$1.443B	$2.454B	$4.462B	$4.586B
YoY Change	83.52%	88.41%	-4.4%	-31.6%	-41.2%	-45.01%	-2.71%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	214.0M	215.3M	216.1M	216.1M
Diluted Shares Outstanding	214.0M	215.3M	216.1M	216.1M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $341.53 Million

About Jiayin Group Inc.

Jiayin Group, Inc. engages in the operation of an online individual finance marketplace in China, which connects individual investors and individual borrowers. The company is headquartered in Shanghai, Shanghai and currently employs 925 full-time employees. The company went IPO on 2019-05-10. The firm's businesses include loan facilitation services, post-origination services and other businesses. The loan facilitation services included services provided for the facilitation of loan transactions between borrowers and institutional funding partners. The other businesses included provision of referral services for investment products, guarantee services and so on.

Industry: Finance Services Peers: Jianpu Technology Inc. LexinFintech Holdings Ltd. Qudian Inc. X Financial Yiren Digital Ltd.